19 A Banner Road, South of Baseline to Knoxdale

$349,900
19 A Banner Road

$349,900

New
10d
Condo Townhouse2-Storey

19 A Banner Road, South of Baseline to Knoxdale

Total Monthly Obligation $2,242

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
10d
Score
20
Yield
6.3%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Townhouse
MLS® Number-X14030264
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,184 (2026)
Maintenance-$448.91/mo
Locker-None
Parking-1 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 SYNERGY REALTY INC.
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other
Possession-Flexible
Neighbourhood-7603 - Sheahan Estates/Trend Village
Title-Residential Condo & Other

No agent assigned

Welcome to 19A Banner Road in Sheahan Estates. This spacious 3-bedroom, 1.5-bathroom townhouse offers comfortable living, thoughtful updates, and the convenience of condo-style living. The main level features a bright, open-concept living and dining area with hardwood flooring, and a practical pantry. The updated kitchen is both stylish and functional, with a modern backsplash, full-height cabinetry, and stainless steel appliances. Upstairs, you'll find two generously sized bedrooms with plenty of light from the large windows, and a full bathroom. The lower level adds even more versatility with a third bedroom, powder room, recreation space, and laundry area-perfect for guests, a home office, teens, or additional family space. Enjoy the added comfort and efficiency of an upgraded energy-efficient heat pump providing both heating and cooling, along with parking just steps from your door and plenty of visitor parking. Ideally located close to transit, shopping, parks, schools, Algonquin College, the LRT, and everyday amenities. Exterior siding replacement is currently underway and expected to be completed shortly. A wonderful opportunity to own a spacious, updated townhouse in a convenient location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,242/mo
Mortgage $1,411
Monthly Loss $1,871
Principal$371
Interest$1,040
Property Tax$182
Condo Fees$449
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.4%26
10-Year IRR
9.6%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$21,996/yr
NOI
$9,825/yr
Net Cash Flow
-$593/mo
Cash Margin
-32.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
32.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 19 A Banner Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.